USA

Although it may seem to many investors, the U.S. indices for the last eight days, seven declined. Declines, however, are rather symbolic (S & P 500, thus for these 8 days -2.2%), although in the last two trading days after all increased. The situation is perceived as inevitable profit taking, which has a larger correction parameters to which many investors expect.

S & P:

Yesterday repudiate any profits accumulated after Fed meeting

Global mergers and acquisitions:

Mergers and acquisitions market fell to values ??of 2009

This indicates a large investor concerns about future developments

Firms prefer to "sit" on the money and wait

This contrasts with the high values ??of the equity markets

ASIA

China:

The profits of industrial firms in August YoY -3.1%, -2.7% last

This again raises speculation that the government and the CB could support the economy

EUROPE

Greece, Spain:

Yesterday was a general strike in Greece

In addition, the 2nd Day held protests in Spain because that Rajoy changed plan savings

SUPERSPAD

Recommendation:

HSBC raises price target for shares of E.ON to 21 from 20 EUR, recommendations downgraded to "neutral" from "overweight"

HSBC raises price target for shares of RWE to 41 from 29 EUR, recommendation raised to "overweight" from "underweight"